Memphis-Bluelick, Memphis, IN 47143
This exceptional 9.55-acre commercial parcel enjoys a highly desirable location directly off Interstate 65, offering unparalleled accessibility and visibility. Its strategic position provides easy access to the bustling city of Louisville, just minutes away, making it an ideal location for a variety of commercial ventures. The property's expansive size presents a unique opportunity for developers seeking to create a multifamily housing complex, a thriving shopping strip center, or a convenient fast-food restaurant. The high traffic count on I-65 guarantees significant exposure for any business established here. This prime location is poised for substantial growth and offers significant return on investment potential. The asking price is $1,430,000. This listing presents a rare chance to acquire a substantial piece of commercial real estate in a rapidly developing area. The property's versatility allows for a wide range of development possibilities, catering to diverse business needs. For those seeking even greater acreage, additional adjacent parcels are available under separate listings (numbers 2019011327 and 2019011328). This presents a unique opportunity to acquire a larger contiguous land holding for a significant development project. Don't miss this chance to secure a prime location with exceptional growth potential in a thriving market. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.